Finally got MIL (76) to split Trad IRA so both daughters can take over their (12 yr dif) life expectancies. And she is willing to roll my wife's half to a Roth (I may have to pay the taxes).DLJ's Roth agreement says a qualified dist. occurs when the assets have been in the Roth for five years AND one of the following occurs: 59.5; disability; purch first home; DEATH. Otherwise the dist are not qualified and are taxable.I read this to say if MIL dies before 5 years the first couple of distributions my wife would have to take (over her lifetime) would be NONqualified and therefore taxable. This is a bad thing. I thought death overrode the 5 year rule.Someone please tell me I'm wrong (or DLJ is wrong), please.Thanks,Gof
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